Bottomline Technologies (EPAY), a leading provider of cloud-based payment, invoice and banking solutions, today announced that it has been awarded a further accreditation from SWIFT, becoming the SWIFT Business Partner for UK, Ireland and the Channel Islands.
The award makes Bottomline one of the most highly accredited SWIFT Partners worldwide and builds on its already strong relationship with SWIFT.
With only nine SWIFT Business Partners across the world, SWIFT views its partners as a natural extension to their business, acting on behalf of SWIFT to provide tailored expert solutions in areas such as payments, securities, trade and treasury; and functional areas such as applications, connectivity and services. Bottomline is uniquely placed as a SWIFT partner, through its expertise in banking, payments and document processing to offer extended services which complement the range of SWIFT products and enable its customers to achieve further operational efficiencies, helping deliver enhanced profitability.
Bottomline has a long-standing, strategic relationship with SWIFT and has received a range of SWIFT accreditations and accolades over many years. Bottomline was the first accredited SWIFT Service Bureau, and it was the first ever company to receive the SWIFT Ready Connectivity Best Practice Service Bureau. Bottomline also has the SWIFT Ready Application Corporate Cash Management accreditations.
Alain Raes, Chief Executive, EMEA and Asia Pacific, SWIFT, comments, "We are delighted to welcome Bottomline into our SWIFT Business Partner program. This development builds on and recognizes the long-standing and successful relationship between our companies. Bottomline's in-depth knowledge and expertise of SWIFT solutions, combined with its position in the marketplace, will enable an important section of our customer base to maximize the value of the products and services we offer, thus bringing enormous benefits to the SWIFT community."
"Bottomline's recognition as a SWIFT Business Partner is further evidence of our strategic relationship with SWIFT, our domain expertise and our ability to complement the SWIFT product portfolio with our own services and solutions," said Nigel Savory, Managing Director EMEA at Bottomline Technologies. "This endorsement further strengthens our relationship with SWIFT and over the next three years both organizations will be working together on a number of new initiatives and strategic opportunities that will help our joint customers maximize their investment in SWIFT infrastructure."